Timothy Fortin
How to interpret covenant that restricts building on a lot smaller than 16,000 sqft
Hey folks, I'm looking for some help interpreting this covenant that applies to a 10,000 sqft lot in Brunswick County NC. There is no HOA, the covenants were drafted and signed by the residents of the subdivision, so...
Nathan Cain
Lender asking for $250 deposit for pre-approval letter
ABL1.net says they will fund my deal, but they are asking for a $250 refundable deposit before they will give me a pre-approval letter.Is this a legit practice?
Mary E. Taylor
Is now a bad time to become a licensed agent?
For year's I have loved real estate I have bought several homes and flipped them but at this time I am considering taking classes to become a licensed agent. Advice please.
Alex Silang
Having seller refinance the house before selling, then assume mortgage
I am going to buy my first rental property soon. As many of you know, you need to wait 2 years for rental income to count, so I'm going to need to wait 2 years to buy that second properrty.
I was thinking of ways aro...
Brock Burton
Navigating Broker Relationships
Hi BP fam,
I am curious to hear how some of the more experienced multifamily operators have created strong relationships with brokers. I think this is a pretty common obstacle starting out, but with no experience or ...
David Taylor
Real Estate Agent Question
Good Day, fellow investors,I have been looking for real estate agents in my local market and had a meeting with an agent recently. The agent mentioned an exclusivity contract and I wanted to ask what everyone's take o...
Russell LaBelle
TEXAS PROPERTY WITH SQUATTERS
Wednesday I signed a contract to purchase a property in Dallas and wired my EMD. I was told the property was vacant. Last night I was told the opposite that there are people still living in it. There is nothing in o...
Hemal Adani
Do I need title insurance?
Hello, I have mortgage on a property. Lender has ordered and received lender's title insurance. Do I owner's title insurance as well? Should I get one after mortgage is paid off?
Brian Burke
Offer Accepted: Almost $2 million under appraisal, but can we fu
Offer Accepted: Almost $2 million under appraisal, but can we fund it?I fund most of my deals through some type of pooled investment, whether I raise money on a deal-by-deal basis or through a blind pool fund. It ca...
Derrick Lind
REO title cleanup >$100k liens
I'm looking at bidding on an auction REO in San Antonio, TX. Fortunately, Auction.com provides a title report (for whatever it is worth) with their listing. Their report shows about $102k worth of liens (federal tax...